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House Price Crash Forum

guest_northshore

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  1. https://www.gov.uk/guidance/coronavirus-covid-19-community-infrastructure-levy-guidance or Google "Government tells councils to allow developers to defer affordable housing obligations" for Inside Housing article: "Councils have been told to allow developers to delay affordable housing and infrastructure payments in a bid to support housebuilding during the coronavirus crisis"
  2. "The ONS and the joint producers have taken the decision to temporarily suspend the UK House Price Index (HPI) publication from the April 2020 index (due to be released 17 June 2020) until further notice. The impact of COVID-19 is expected to greatly reduce the amount of housing transactions that took place in April 2020, making it very difficult to produce a measure of UK house prices that would be representative of any true transaction activity within the housing market. We will continue to closely monitor the flow of transaction data with the view to reinstating the UK HPI as early as is practicable. Further details will be available in the March 2020 UK HPI, due to be released 20 May 2020." https://www.ons.gov.uk/economy/inflationandpriceindices/articles/coronavirusandtheeffectsonukprices/2020-05-06
  3. Well I read somewhere that the Conservative Party exists to marry the unreconcilable notions of democracy and landlordism. So yeah why not.
  4. Indeed. Most commercial rental values are now zero. Even without Government lockdown intervention many would still relect near zero demand thus near zero value, as with some airlines etc.
  5. Urgh https://www.telegraph.co.uk/business/2020/05/02/landlords-talks-furlough-shops-restaurants-rents-go-unpaid/
  6. Bush did it in 2008 (cheques and rebates)
  7. Looks like monetary authorities telling fiscal authorities it's over to you now. Whether Goverments and politicking generally heed the message is another matter.
  8. https://www.bloomberg.com/news/articles/2020-03-15/fed-cuts-main-rate-to-near-zero-to-boost-assets-by-700-billion Edit: https://www.bankofengland.co.uk/news/2020/march/coordinated-central-bank-action-to-enhance-the-provision-of-global-us-dollar-liquidity https://www.bankofengland.co.uk/news/2020/march/statement-from-the-governor-of-the-boe-mark-carney-and-incoming-governor-andrew-bailey
  9. BoE press conference: https://www.youtube.com/watch?v=z_O0hztMfuc
  10. Here comes the next 'boom': https://www.thesun.co.uk/news/10582893/boris-johnson-home-building-plans/ Planning liberalisation (a good thing) without a corresponding taxation/public housing overhaul (a bad thing) - greater opportunity for urban agglomeration and density - higher land values - more power and windfall gains for landowners. https://medium.com/fresheconomicthinking/delay-or-develop-what-really-determines-the-rate-of-new-housing-supply-e1dbdb3dfeee
  11. Mostly due to changed accounting treatment of student loans, funded public sector pension schemes, depreciation, LISAs, environmental levies and correction to corporation tax receipts.
  12. Tragic 'House prices and the economy' thread. Sums up the progression of this forum
  13. Same. I voted for Brexit. Increasingly regret it given the way society is fracturing. Have voted not-Conservative
  14. If most people are independently repulsed by his anti-Semitism then given the focus on indirect not direct evidence and using the same logic they must be equally or more repulsed by Johnson's anti-Semitism and wider racism. But that doesn't seem to be the case. Therefore I don't buy that narrative, whether nor not Labour support is evaporating for whatever reason.
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